The three functions of allocation, redistribution and stabilization operate
through the expenditure and receipts of the government. In light of this
statement, explain how different deficits can be a hurdle for aforementioned
functions?
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The three functions of allocation, redistribution and stabilization operate
through the expenditure and receipts of the government. In light of this
statement, explain how different deficits can be a hurdle for aforementioned
functions?